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what is a reasonable deposit?
emsfactory - 14/12/09 at 09:21 PM

Hi all,
looking for opinions on deposit please.I have an item on the bay and have been hatting to a guy about doing a deal outside eBay to save on fees etc.
I said thats fine, send me aa deposit and I;ll remove the item, he is going to collect next week.
The sale price is £650, he stays 300 miles away and has sent me a deposit of £15.
I think that is a very small amount and not really acceptable.
What do you think?

dinosaurjuice - 14/12/09 at 09:25 PM

no less than 20% on sale price less than a grand.

emsfactory - 14/12/09 at 09:27 PM

Thats more the way I was thinking. not 2.3odd percent.

ashg - 14/12/09 at 09:29 PM

does what he gave you cover the ebay fees?

will121 - 14/12/09 at 09:34 PM

quote:
Originally posted by emsfactory
Thats more the way I was thinking. not 2.3odd percent.


thinking from the buyers point of view as long as all your ebay fee's are covered plus a little bit more, if all falls through you dont loose out, if he transfers £100+ outside ebay and item not as advertised or you do a runner he is out of pocket, i might pay £50max

emsfactory - 14/12/09 at 09:35 PM

I dont know.
i am not intending to go through eBay so the fees will be minimal, just insertion.

big_wasa - 14/12/09 at 09:40 PM

If it covers the ebay re insertion fee its worth a go. Have you had much other interest ?

nitram38 - 14/12/09 at 09:59 PM

I'd want at least £100 deposit

Danozeman - 14/12/09 at 10:00 PM

Id have said 50 quid really. £15 is a random amount. If hed have gave 50 then he would have a nice round amount to pay when he collects.

emsfactory - 14/12/09 at 10:28 PM

I got in touch and he has now sent another £135 so all is well.
Cheers for the opinions guys.

Volvorsport - 14/12/09 at 10:47 PM

An old salesman told me ,
"take as much deposit that wouldnt bother you if he came back for it " .

obviously car sales !!

theres no such thing as a returnable deposit .